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Author Topic: it is possible fiat currency will crashed?  (Read 7414 times)
shulc7
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August 28, 2018, 05:32:26 PM
 #781

I am believe fiat currency will crash and creating economic crisis. Fiat money system creating inflation and waiting for bigger crisis. Paper money always printed because government and central banks want economic growth but its creating high inflation

The crisis can come but the cryptocurrency will never kill fiat. The traditional money will live all the time. People that will love to deal with it only will always exist.

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August 28, 2018, 06:00:39 PM
 #782

I dont believe him. One currency may crash in value but still another one stronger will rule. I cannot imagine how a country can survive without their local currency and since the begining of money until now it never did crashed and will never be. Sometime countries in the past changed their national currencies but never did out of it.

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August 28, 2018, 08:13:39 PM
 #783

There is a certain possibility that it may happen because world will be experiencing vast changes, especially in economical sphere in nearest future.

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August 28, 2018, 08:51:51 PM
 #784

although there are many people using bitcoin than fiat currency, still the two, bitcoin and fiat is together when it comes in using. Try to withdraw a bitcoin and it will become cash. So still the fiat currency is running, using by people. It is impossible to crashed.
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August 31, 2018, 03:37:45 PM
 #785

despite the growth in 2017, this situation is possible, because the cryptocurrency is still used in few places

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August 31, 2018, 05:07:34 PM
 #786

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Fiat currency will never crash because there are a lot of people who are still using fiat to cover up their daily needs and financial problems, bitcoins will be always part of our life as well as fiat and banks.

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August 31, 2018, 05:40:40 PM
 #787

The existence of cryptocurrencies will never pave path for the crash of fiat currency. The circulation of cryptocurrencies in comparison to the fiat currencies were very low. To reach the circulation of the fiat currency it needs to grow much higher in value. As the acceptance of cryptocurrency keeps growing there will be a hard competence but it won't cause any crash over the other.

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August 31, 2018, 05:41:27 PM
 #788

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Fiat is based on the economies of their countries. National money can fall in price, when the country's economy will fall and inflation will develop. The emergence of the crypto currency and the increase in demand for it will not significantly affect the national currency, the more so that the crypto currency can not replace the national currency. Therefore, nothing threatens national money so far. The Crypto currency will go in parallel with the national money of the state.

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August 31, 2018, 06:05:07 PM
 #789

Cash can not ever be broken, as this is a very stable currency and everyone is used to it.
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September 01, 2018, 11:45:30 AM
 #790

There is a certain possibility that it may happen because world will be experiencing vast changes, especially in economical sphere in nearest future.
For me it is impossible that fiat currency will be crashed and will be replaced by cryptocurrency because fiat is all people needs to survive on there daily living and fiat is accepted and trusted all over the world unlike on crypto so fiat will never be crashed.

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September 01, 2018, 01:13:42 PM
 #791

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
That is likely to happen in a few years when everyone turns to trends but digital currency is like bitcoin still few people use it even know it. The use of digital currency can make it easier for people to transact. Innovation will continue to grow, possibly all things will be done practically by technology.

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September 01, 2018, 01:41:39 PM
 #792

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Well no one can say that fiat will crashed. I think fiat would still remain as the national currency if the time comes and the fiat crashed it only means that fiat is replaced by other kind of money just like bitcoin and the cashless society will go through.

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September 01, 2018, 01:45:29 PM
 #793

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Nobody knows how the fiat currency will go in the future. Maybe the Fiat currency will not be used anymore because it is now the era of digital currency where many people compete to pay easily and safely and quickly too.

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September 01, 2018, 01:49:07 PM
 #794

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Nobody knows how the fiat currency will go in the future. Maybe the Fiat currency will not be used anymore because it is now the era of digital currency where many people compete to pay easily and safely and quickly too.

"now" is the era of digital currency? No, I don't think so. If these time is the time or the era of digital currency or maybe crypto currency, then I guess a lot of people are using it. It will be a common currency of most of the countries in these world. That time is in the future when currency are not tangible, for now, let stick with tangible currencies since not all of the countries would be able to adapt to that high technology payment system.

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September 01, 2018, 01:51:21 PM
 #795

fiat systems are arbitrary and unstable. A good monetary system needs to be based on real wealth creation with a stable asset base. Until such a system is developed and universally accepted, the best possible chance of survival is to invest in ‘real’ assets like gold, natural resources, land entitlements and sustainable businesses that would survive such economic crises.

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September 01, 2018, 01:52:50 PM
 #796

That may be but it takes a long time and we might go back to ancient times using gold and silver.
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September 01, 2018, 02:03:18 PM
 #797

What about the USD? Isnt America the leading country that have the biggest debt in the federal reserve bank? If so, would that be that the country is at risk of economic crash? Or NO?
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September 01, 2018, 02:10:49 PM
 #798

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?










I think it is impossible that fiat currency will crashed. Yes we can say that we are in the middle age of crypto era but fiat currency is one of the thing that we started. It is history in our world, because it is the first money that we use so it is impossible to crash by the crypto currency. Digital and fiat currency can use in a same time, as long as it is usable to the people.
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September 01, 2018, 02:31:12 PM
 #799

I don't Fiat getting crashed. What I can predict is a complimentary financial ecosystem where both currency complement each other that is fiat existing alongside cryptocurrencies.

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September 02, 2018, 11:31:49 PM
 #800

I am believe fiat currency will crash and creating economic crisis. Fiat money system creating inflation and waiting for bigger crisis. Paper money always printed because government and central banks want economic growth but its creating high inflation
If our banking and our government are in favor of it but our people are not getting any benefit from it so it they are now in favor of digital currency not in paper money or in fait money, I am quite surprise to see in very a very short time we got really a high scope in market, only because paper money has no such benefit and money making resources as much as bitcoin has.
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